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PA HB747

Bill

Status

Introduced

3/3/2025

Primary Sponsor

John Inglis

Click for details

Origin

House of Representatives

2025-2026 Regular Session

AI Summary

  • Increases the aggregate indebtedness limit for the Commonwealth Financing Authority's Business in Our Sites Program from $300,000,000 to $375,000,000

  • Represents a $75 million increase in borrowing capacity for the economic development program

  • Amends Section 1543(b)(1) of Title 64 (Public Authorities and Quasi-Public Corporations) of the Pennsylvania Consolidated Statutes

  • Takes effect 60 days after enactment

Legislative Description

In Commonwealth Financing Authority, further providing for indebtedness.

Last Action

Referred to Commerce

3/3/2025

Committee Referrals

Commerce3/3/2025

Full Bill Text

No bill text available